What's actually relevant this week?

Read our weekly digest to find out and take action! Read our weekly digest to find out and take action!                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         [FBS]( [[fbsanalytics] FBS Analytics]( [Log in]( [FBS]( Instrument of the Week Each week, we’re featuring a trading instrument with a reduced spread. This week’s star is... [FBS]( GBPJPY, with the spread lowered by 40%! [Take action]( Seize the moment and make the best of the enhanced conditions. [fbs] Top Gainers Last Week • Foot Locker, Inc. (#FL) +20.46% The stock surged on the back of Nike’s strategic changes in its recent earnings report, along with analyst upgrades and speculation of undervaluation. Evercore ISI upgraded its rating to "optimistic" on Monday, lifting its price target from $28 to $32. • GBPCHF +0.70% The Swiss National Bank (SNB) cut its benchmark interest rate to 1.5% on March 21. Two more cuts are expected this year. Switzerland’s consumer price index, projected to rise by 1.4% in March, could impact the Swiss franc (CHF) exchange rate if the actual figures differ from expectations. [Trade GBPCHF]( [fbs] Top Losers Last Week • Lumen Technologies, Inc. (#LUMN) -8.77% The company has agreed to a $7 billion debt restructuring deal. Once finalized, this revised agreement will address $9 billion in debt, covering over 77% of debts that are due until 2027. • NZDCAD -0.64% Inflation data for February in Canada indicated a decline. The CPI index dropped to 2.1% year-on-year, slightly above the Bank of Canada’s target level. Overall inflation also decreased to 2.8%, falling short of the expected 3.1%. These figures suggest that the Bank of Canada may alter its stance at the upcoming meeting on April 10. [Trade NZDCAD]( [FBS]( [android] XBRUSD XBRUSD is currently trading within a channel, with resistance at 87 and support at 84.70, defining its boundaries.. [FBS]( • If it rebounds from the 87.00 resistance, it may retreat to the 84.70 support level. • A breakthrough above the upper border could propel it toward the 88.70 level. [android] EURUSD EURUSD is within a bullish falling wedge pattern and has recently breached its upper border. [FBS]( • If the asset surpasses the 1.0800 resistance level, it may signal a bullish continuation, potentially pushing the price toward 1.0860. [android] EURJPY EURJPY has developed a bullish falling wedge pattern, with the price currently testing the upper border and the 163.40 resistance level. [FBS]( • If the price breaches above the 163.40 level, it may advance towards 164.40. • If there’s a rebound from the upper border, the asset could decline towards the lower border and the 162.80 support level. FBS tips and analytics do not constitute a call to trade, trading advice or recommendation and are for information only. [Enhance your strategy]( [fbs]( Look For More Insights in Our Telegram In our Telegram channel (which is in English), you will find the most up-to-date trading ideas. More importantly, you will connect with a community of like-minded traders. Last week, 14 out of 19 ideas from FBS analysts were accurate! [GBPCHF idea]( could’ve brought 1300 points. [XAUUSD idea]( could’ve brought 2000 points. [Join trading community]( [FBS]( Trading ROI Explained In the exciting world of trading, ROI (Return on Investment) serves as your financial compass, guiding you through the highs and lows of investments. Curious to learn more about how ROI can empower your decisions? Dive deeper into the full article to take your trading journey to new heights! [Read full article]( Do you like our Weekly Digest? [YES]( [NO]( [Help Center](  |  [Log in]( You received this email because you registered at [fbs.com](. If you have any questions, please contact us via email at support@fbs.com [google_play]( [apple_stor]( Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience. [instagram]( [facebook]( [twitter]( [telegram]( [youtube]( [Web Version](  |  [About FBS](  |  [Unsubscribe]( Trusted by traders